6:20am ET
Energy
Drop In Refineries Threatens Higher Gas Prices
There is a relatively new reason to believe gas prices will rise, at least in part of the US. CNNMoney reports that almost 50% of the gas refinery capacity in the Northeast…
Companies
/Energy
Conoco Phillips
$125.27
▼ $2.26 (−1.77%) today
Markets closed · 3:52am ET
COP Coverage
Page 46
5:54am ET
Media
Media Digest (4/6/2012) Reuters, WSJ, NYT, FT, Bloomberg
A federal judge approves a $25 billion mortgage misconduct settlement between the federal and several state governments and Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), JP Morgan (NYSE:…
7:26am ET
Energy
Delta Airlines Considers Buying an Oil Refinery (DAL, COP, SUN, HES)
In what has to be one of the dumbest notions ever, Delta Air Lines Inc. (NYSE: DAL) is reported to be considering buying an oil refinery. There are plenty for sale in…
2:35pm ET
Investing
Alaska Natural Gas Deal Reached (XOM, BP, COP)
Last week, we noted how a deal was in the works that could bring about a start to natural gas production from Alaska’s North Slope. Leases in the Ft. Thompson area were…
9:37am ET
Investing
Oil & Gas Sector Review (XOM, CVX, COP, RRC, TSO, PXD, APC, CHK, APA, OXY)
At the end of December, Brent crude spot prices were around $107/barrel and WTI spot prices were around $99/barrel. Since then, Brent has risen to right around $121/barrel today and WTI is…
11:30am ET
Investing
Conoco Leaving Vietnam (COP)
ConocoPhillips (NYSE: COP) announced this morning that it was selling all its operations in Vietnam to a division of France’s Perenco SA for $1.29 billion. The sale includes three Conoco wholly-owned subsidiaries…
Paul Ausick 4:48pm ET
Banking, finance, and taxes
Buffett & Berkshire Hathaway Stock Holdings, A to K (BRK-B, BRK-A, AXP, BK, KO, CVS, CDCO, COP, COST, DVA, DG, GCI, GE, GSK, INTC, IR, IBM, JNJ, KFT, XOM)
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of December 30, 2011. These public stock holdings have been broken down into…
10:53am ET
Investing
24/7 Wall St. Top Analyst Calls of the Week (AONE, ALU, AMSC, NLY, AAPL, CSCO, COH, CSTR, COP, DLR, IBM, LF, MMM, M, OPEN, POST, SIRI, SOHU, TRLG, ZOLT)
Jon OggThis last week was very busy, and Friday’s disappointing trading day skewed many research reports. Each morning we track analyst upgrades and downgrades and over the weekend we review each to…
4:07pm ET
Investing
24/7 Wall St. Closing Bell (COP, GILD, AMSC, MA, COH, LNKD, ATVI, CPST, GPRE, KONA, TRLG, LGF, MOVE, NBL, PCYC, ALU, FLIR, RUTH, FSLR, CIE, TBAC, RPXC, AMRS)
All three major US stock indexes opened lower this morning and the day was mostly a gentle slide for the rest of the trading session. The failed Greek debt deal weighed on…
8:23am ET
Investing
Top Analyst Upgrades & Downgrades (ALTR, AMSC, BIIB, CELG, COH, CSTR, COP, FSLR, GILD, HAIN, MA, RF, TRLG)
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Friday morning. Altera Corporation (NASDAQ: ALTR) Cut to Underperform as Bear of the…
4:08pm ET
Investing
24/7 Wall St. Closing Bell (AAPL, GS, SBUX, ORCL, RF, ZNGA, AMD, ALTR, YHOO, COP, PX, WLP, LCC, XRX, ILMN, RBCN, INCB, GNOM, NUVA)
Markets opened mixed this morning, with the DJIA and S&P 500 opening lower and the Nasdaq Composite opening higher. The Nasdaq was getting a big push from the very strong earnings report…
4:08pm ET
Investing
24/7 Wall St. Closing Bell (COP, SIRI, GOOG, PG, AMGN, HAL, TWIN, PETS, MFN, GDP, CBRX, SR, RIMG)
Equity markets opened slightly higher this morning but trailed off to negative territory in the late morning. By late afternoon, the NASDAQ composite and the S&P 500 were flirting with a positive…
9:45am ET
Investing
Conoco Replaces 112% of Production (COP)
Oil & gas supermajor ConocoPhillips Corp. (NYSE:COP) has announced that it replaced 112% of its 2011 production with newly discovered reserves. That’s in-line with the company’s reserves replacement five-year average of 111%…
Paul Ausick 8:28am ET
Investing
Top Analyst Upgrades & Downgrades (AMGN, CMA, COP, GOOG, JIVE, JCI, NUVA, PG, PHM, RIMM, SN, SIRI, VPHM)
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Monday morning. Amgen Corporation (NASDAQ: AMGN) Cut to Neutral at JPMorgan. Comerica…
12:45pm ET
Energy
Refining Sector Woes Going From Challenging To Worse (TSO, VLO, MPC, WNR, CVI, XOM, CVX, COP, BP)
One of the largest crude oil refiners in the US, Tesoro Corp. (NYSE: TSO), this morning lowered its earnings guidance for the fourth quarter, projecting a loss of -$0.55 to -$0.80. The…